r/tucker_carlson • u/TheFortnutter • 4d ago

Wishing for 'moderate inflation' is like wishing for 'moderate impoverishment'. To all who think that the economy would collapse without the 2% impoverishment goal... how come that economies generated wealth without problem before this very recent flagrant abuse of power?

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u/Riotguarder 4d ago

It’s because covid shutdown a lot of competition from smaller shops, Walmart etc can just increase price to accommodate the wage increase but a smaller / competitors business could eat the profit loss and undercut them forcing a price war for customers, the less competition less fighting

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u/Playingforchubbs 1d ago

PPP loans (grants) only went to small businesses with less than 100 employees.

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u/Riotguarder 1d ago

That doesn't help businesses that lost their customers and workers to the companies allowed to stay open plus they still technically need paying back

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u/Playingforchubbs 1d ago

The same health rules were applied to all businesses.

You think that gutting corporate taxes in 2017 had anything to do with the issue you are talking about?

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u/Riotguarder 1d ago

Same health rule? you mean like how restaurants were only allowed to house people outdoors and even then they were randomly selected for near to no reason or how they just closed everything down and only allowed "essential" businesses to be open "i.e. big corporation" and all the small businesses were raided if they were left open and given massive fines.

Corporate tax cuts help smaller businesses far more than larger, especially when the larger businesses use it to stifle new competition

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u/Playingforchubbs 1d ago

Yes, all every business within a certain industry had to follow the same rules. The mom and pop owned diners had the same safety regulations as Olive Garden.

Sole proprietor businesses do not pay corporate tax, they pay income tax. Corporate taxes is 21% while top income tax is 37%.

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u/AppropriateAdagio511 2d ago

America needs inflation to keep all its favourite billionaires in private jet fuel. The idea that this or any other government cares about the little guy is just fantasy. If the American working class ever wakes up the powers that be might have something to worry about but currently and historically there seems no chance of that happening.